The following information is provided by Energy Advisors Group (EAG). All inquiries on the following listings should be directed to EAG. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
Texegy Royalty has retained Energy Advisors Group (EAG) to market for lease its eastward extension of the Brookeland Field Austin Chalk mineral position in Louisiana. The 48,000 net acre position provides the opportunity to lease / develop the core of the Louisiana Austin Chalk with potential for shallower pay in the Saratoga and Wilcox formations.
Proprietary 3D seismic stretches across Texegy's acreage confirming there is no major faulting with recent offset completions by Navidad Operating seeing initial rates of 4,390 boe/d (Hancock 2H). Over 7,500 unconventional wells attest to the economic viability of this play with well-understood geology and analogous performance allowing for the application of high intensity, modern multi-stage frac techniques. Zarvona is currently producing on the acreage from six units at a gross 295 bbl/d and 1,900 Mcf/d from currently ample takeaway capacity along with the 42-inch Gulf Run pipeline scheduled for activation later this year running through Texegy's acreage.
In addition, this massive contiguous leasehold position has a single owner, one servitude with favorable surface conditions and is supported by a Bureau of Economic Geology study likening the minerals to the most prolific areas of the Austin Chalk in Texas.
- East Brookland Field, Louisiana Minerals For Lease
- 48,000-Contiguous Acres. Operated Position
- 350-Horizontal Locations (1,320 ft spacing)
- Liquids Rich Austin Chalk
- Multi-Bench Reserve Base
- 3D Seismic Supports Development
- Offset Operators Continue to Develop
- 100% Mineral Ownership Open & Available
- Ample Facilities to Handle New Growth
2022-11-30 - Also in this week’s A&D Minute: Who’s been quietly buying acreage in the Permian Basin? Plus see what else is on new mid-cap powerhouse Permian Resources’ radar.
2022-10-26 - Gungnir Resources retained Meagher Energy Advisors for the sale of a contiguous acreage position in the Codell / Niobrara Play of the northern Denver-Julesburg (D-J) Basin in Wyoming.
2022-09-20 - Vinland Energy LLC retained Seaport Global Securities LLC for the sale of its portfolio of producing and midstream assets in the southern Appalachian Basin, located primarily in eastern Kentucky.
2022-09-20 - EOG Resources retained TenOaks Energy Advisors for the sale of majority operated properties located in the Texas Panhandle, which TenOaks said is poised for continued growth via inventory of Cleveland / Marmaton locations with attractive economics.
2022-09-19 - Cheniere Energy and subsidiaries of Whistler Pipeline will move forward with the construction of a new 43-mile pipeline as part of plans to send more natural gas from the Permian Basin for export as LNG.